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    Understanding land valuations

    Hi everyone, I just wanted to understand the working behind the Queensland land valuations done by the DNRM (Department of Natural Resources and Mines). How can land values in a particular street in a suburb decrease by more than 10%, while the next street increases by 6%? I live in...
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    Redraw for IP deposit

    Hi everyone, I just needed some advice on redrawing funds for IP deposit. My loan situation is as follows: PPOR - (P&I) - Loan amount - $140k - Loan balance - $110k - redraw available -$13k I have another two accounts set up for future IPs deposits and related costs with the same...
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    Proposed Loan Structure - Please assist

    Hi guys, needed some advice on my 1st IP. Current Situation: PPOR value at $440K with mortgage $180k, approx $200k available in redraw. No offset account. (original PPOR loan $390k). Proposed Move: Looking at buying a new investment property for approx $400k. Splitting the current PPOR...
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    What do you think about this Brisbane property?

    Hi everyone, I am looking to buy my first IP. I came across this property in Albany Creek. http://www.realestate.com.au/property-house-qld-albany+creek-113107023 Property asking price - $350k Research: 2012 surburb median house price - $473k SQM Research 3 bedroom Weekly Asking...
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    First time Brisbane Property Investor - Need help

    Hi, I am planning to buy my first IP in Brisbane. Thinking of buying a brand new house and land package. Big question - where to buy? Will prefer Brisbane North; Can't decide between North Lakes and Warner Lakes. Both suburbs have similar pricing - around $325,000 for a 3 Bed, 2 Bath...
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